Wabash National Corporation (WNC)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -284,071 | -232,659 | 152,836 | 198,206 | 231,252 | 222,332 | 203,173 | 151,397 | 112,258 | 45,483 | 20,321 | 10,021 | 1,164 | 31,971 | 24,850 | 12,452 | -97,412 | -84,531 | -62,958 | -31,852 |
| Revenue (ttm) | US$ in thousands | 1,946,740 | 2,126,026 | 2,294,814 | 2,430,824 | 2,536,500 | 2,597,849 | 2,620,171 | 2,576,320 | 2,502,129 | 2,323,957 | 2,151,373 | 1,958,026 | 1,803,268 | 1,728,069 | 1,597,087 | 1,486,818 | 1,481,889 | 1,656,812 | 1,886,136 | 2,173,036 |
| Net profit margin | -14.59% | -10.94% | 6.66% | 8.15% | 9.12% | 8.56% | 7.75% | 5.88% | 4.49% | 1.96% | 0.94% | 0.51% | 0.06% | 1.85% | 1.56% | 0.84% | -6.57% | -5.10% | -3.34% | -1.47% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-284,071K ÷ $1,946,740K
= -14.59%
The net profit margin of Wabash National Corporation has experienced fluctuations over the observed period. The company's net profit margin, which reflects the percentage of revenue that translates into profit after all expenses are deducted, was negative for most quarters up until December 2022, indicating that the company was incurring losses or operating with low profitability.
However, starting from March 2023, the net profit margin started to improve significantly, reaching its peak at 9.12% by December 2023. This suggests that the company achieved higher profitability relative to its revenue during this period.
In the subsequent quarters, the net profit margin dipped slightly but remained positive until June 2024. However, in the following quarters (September and December 2024), the net profit margin turned negative again, indicating a decrease in profitability or potential losses for the company during those periods.
Overall, the trend in the net profit margin of Wabash National Corporation shows an improvement from negative figures to positive territory, with some fluctuations in between, underscoring the importance of closely monitoring the company's financial performance and cost management strategies.